Sale reports / Montana / Miles City Livestock Commission / 2019-11-26

Miles City Livestock Commission

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Miles City, Montana · Tue, Nov 26
● Final74 lots reportedUSDA AMS · slug 1773
Feeder Cattle receipts
2,341 head
▼ 820 vs last sale 3,161▲ 2,341 vs year ago 0 · no sale a year ago
Slaughter Cattle receipts
151 head
▼ 9 vs last sale 160▲ 151 vs year ago 0 · no sale a year ago
Replacement Cattle receipts
788 head
▼ 573 vs last sale 1,361▲ 788 vs year ago 0 · no sale a year ago
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Reporter comment USDA

As filed

Compared to last week: Yearling steers and heifers were too lightly tested to develop any market trend. Demand for yearlings was mostly moderate on light offerings. Steer calves weighing less than 550 lbs sold mostly 10.00-14.00 lower, 550-649 lbs steers sold steady to 3.00 lower. Heifer calves 400-599 lbs sold mostly 4.00-6.00 lower, heifer calves over 600 lbs sold with higher undertones in a narrow comparison. Demand this sale was very uneven. A strong winter storm is currently hitting much of the central US, including all major feeding regions. This has many buyers shut down this week as a result. Market activity this week was slow. Weigh up cows sold on mostly light demand for moderate to heavy offerings. Packers all backed off prices for cows destined for immediate harvest as heavy supplies continue to be seen. Packers also backed up feeding cow prices as many say their feedlots are all near capacity. Slaughter cows sold mostly 3.00 lower on lean cows. Boning and breaking cows were too lightly tested to develop an accurate market trend, however steady to weak undertones were noticed. Feeding cows sold mostly 3.00-6.00 lower on all ages of cows. Slaughter bulls were too lightly tested last week to develop an accurate market trend, however higher undertones were noticed. Young age cows sold on mostly good demand this sale with many buyers in the stands actively bidding on offerings. Cows suitable to re-breed sold mostly 3.00-6.00 higher.

Weight class

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $155.69/cwt on 1,151 head.
Average price
$155.69
1,151 head · 550 lb average
Value per head Derived
$856
Price × average weight ÷ 100
Grade differential Derived
$86
per head · Medium and Large 1 over Medium 2
$20.95/cwt at this weight
vs the market
−1.73
vs MT average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1551155.95859991
Large 1546154.9284586
Medium and Large 1-2542154.8183868
Medium 2573135.007746thin
One grade step is worth $20.95/cwt here — about $86 a head. Across this sale the premium is widest at 0–100 lb. USDA reports each grade on its own line and never publishes the spread.

How it compared 0–100 lb

Same class and week · spot auction only
This sale1,151 hd
155.69
—
MT average5 barns · 4,300 hd
157.42
−1.73
A barn can sit above the state average at one weight and below it at another — check the class you actually sell.

Slaughter cattle

By class and quality grade · $/cwt
Cull cows and bulls are graded, not weight-classed — grade is what moves the money here.
ClassGradeDressingAvg wt$/cwt$/headHead
Bulls—Low1,66171.831,19332
CowsBreaker 75-80%Average1,61366.001,0652thin
CowsBoner 80-85%Low1,43852.177503thin
CowsLean 85-90%Very Low1,14440.6846595
SteersPrimeAverage1,78582.501,4732thin

Every lot, as filed

74 lots · USDA AMS · Miles City Livestock Commission Auction - Miles City, MT
Nothing removed and nothing rounded — the same lots as the USDA report, with per-head values added.
ClassGrade / descriptionWeightAvg wtPriceRangePer headHead
BullsMedium and Large 1—423149.00/cwt149.00–149.006308
BullsMedium and Large 1Unweaned—450155.00/cwt155.00–155.006983
BullsMedium and Large 1Unweaned—678131.00/cwt131.00–131.008885
BullsMedium and Large 1Unweaned—536145.00/cwt145.00–145.0077712
HeifersLarge 1—836134.00/cwt134.00–134.001,1204
HeifersLarge 1—1,042133.77/cwt133.50–136.001,3949
HeifersLarge 1—435148.50/cwt148.50–148.5064611
HeifersMedium and Large 1-2—970121.00/cwt121.00–121.001,1742
HeifersLarge 1Unweaned—532146.50/cwt146.50–146.5077942
HeifersMedium 1Unweaned—465135.00/cwt135.00–135.006283
HeifersMedium and Large 1—938134.25/cwt133.00–134.501,2596
HeifersMedium and Large 1—892136.25/cwt136.00–136.501,21518
HeifersMedium and Large 1—382147.65/cwt147.00–148.0056420
HeifersMedium and Large 1—477159.76/cwt158.50–163.0076285
HeifersMedium and Large 1Unweaned—388142.50/cwt142.50–142.505535
SteersLarge 1Unweaned—391160.00/cwt160.00–160.006265
HeifersMedium and Large 1Unweaned—416150.19/cwt147.50–154.0062528
HeifersMedium and Large 1Unweaned—484148.41/cwt141.00–154.5071855
HeifersMedium and Large 1Unweaned—554137.05/cwt134.00–137.5075955
HeifersMedium and Large 1Unweaned—613133.90/cwt132.50–134.5082192
HeifersMedium and Large 1Unweaned—522139.46/cwt134.00–145.00728124
HeifersMedium and Large 1-2—945128.00/cwt128.00–128.001,2101
HeifersMedium and Large 1-2—610126.50/cwt126.50–126.507722
SteersMedium and Large 1Unweaned—576154.17/cwt147.00–159.00888246
SteersMedium and Large 1-2—396174.00/cwt174.00–174.006895
SteersMedium and Large 1-2—538153.00/cwt153.00–153.0082316
SteersMedium and Large 1-2—577152.10/cwt146.00–154.2587841
SteersMedium and Large 1-2Unweaned—483148.00/cwt148.00–148.007151
SteersMedium and Large 1-2Unweaned—420165.03/cwt157.50–170.006935
Stock CowsMedium and Large 1—1,29250.83/cwt44.50–62.00657107
Stock CowsMedium and Large 1—1,31255.93/cwt45.00–69.0073491
HeifersMedium and Large 1-2—367142.50/cwt142.50–142.505233
HeifersMedium and Large 1-2—484144.00/cwt144.00–144.006979
HeifersMedium and Large 1-2—442148.00/cwt148.00–148.0065410
HeifersMedium and Large 1-2—836134.50/cwt134.50–134.501,12410
HeifersMedium and Large 1-2—520138.83/cwt130.00–141.0072228
HeifersMedium and Large 1-2Unweaned—585125.17/cwt125.00–125.5073212
HeifersMedium and Large 1-2Unweaned—429142.76/cwt141.00–144.5061222
SteersMedium and Large 1Unweaned—628147.47/cwt143.50–151.50926147
SteersLarge 1Unweaned—445152.00/cwt152.00–152.006769
SteersLarge 1Unweaned—509153.50/cwt153.50–153.5078126
SteersLarge 1Unweaned—603155.75/cwt155.75–155.7593946
SteersMedium 2—573135.00/cwt135.00–135.007746
SteersMedium and Large 1—423179.25/cwt177.00–181.5075828
SteersMedium and Large 1—484161.59/cwt156.00–178.0078241
SteersMedium and Large 1—507161.48/cwt157.50–163.5081994
HeifersLarge 1Unweaned—581128.50/cwt128.50–128.5074715
SteersMedium and Large 1Unweaned—733139.00/cwt139.00–139.001,0192
SteersMedium and Large 1Unweaned—265227.50/cwt227.50–227.506033
SteersMedium and Large 1Unweaned—382178.78/cwt175.00–188.5068310
SteersMedium and Large 1Unweaned—424179.30/cwt170.00–181.0076036
SteersMedium and Large 1Unweaned—663144.18/cwt139.50–146.0095651
SteersMedium and Large 1Unweaned—539153.05/cwt145.00–156.0082591
SteersMedium and Large 1Unweaned—475156.89/cwt155.00–175.00745108
HeifersMedium and Large 1Unweaned—329147.50/cwt147.50–147.5048511
Stock CowsMedium and Large 1—96088.76/cwt69.00–101.00852106
Stock CowsMedium and Large 1—1,08573.20/cwt59.00–82.0079443
Stock CowsMedium and Large 1—1,33858.77/cwt54.00–65.5078628
Stock CowsMedium and Large 1Thin Fleshed—1,17045.11/cwt38.00–47.0052859
Stock CowsMedium and Large 1Thin Fleshed—1,17945.65/cwt39.00–48.0053814
Stock CowsMedium and Large 1Thin Fleshed—1,14152.96/cwt46.50–55.506044
SteersMedium and Large 1—575154.38/cwt150.00–155.25888134
SteersPrime—1,78582.50/cwt82.50–82.501,4732
Bulls——1,46561.50/cwt61.50–61.509011
Bulls——2,10882.71/cwt82.50–83.001,7442
Bulls——1,66676.01/cwt72.50–79.501,26613
Bulls——1,61467.71/cwt58.50–73.501,09316
CowsBoner 80-85%—1,32548.50/cwt48.50–48.506431
CowsBoner 80-85%—1,48048.00/cwt48.00–48.007101
CowsBoner 80-85%—1,51060.00/cwt60.00–60.009061
CowsBreaker 75-80%—1,61366.00/cwt66.00–66.001,0652
CowsLean 85-90%—1,15433.64/cwt30.00–36.003887
CowsLean 85-90%—1,14641.33/cwt35.00–43.5047487
CowsLean 85-90%Light Weight—88533.50/cwt33.50–33.502961

How this sale compares

Montana weighted averages
One sale is one barn on one day. The state ladder is every Montana auction USDA reported that week, weighted by head — the fairer test of whether a lot sold well.